Guaranteed Investment Bonds

cepheus

According to the letter there is a £50 exit fee. I've just convinced Hargreaves Lansdown to repay this on condition of transfer, even though Premier are not on their refundable list.

Barring thermonuclear war, it seems as if the bond will mature next week.

darren72

This is due to mature today if the FTSE stays around where it is - Which is looking very likely

thelawnet

And indeed it did.

80%, very nice.

Where should I stick the proceeds I wonder?

darren72

thelawnet wrote: »

And indeed it did.

80%, very nice.

Where should I stick the proceeds I wonder?

Very nice indeed - I have the same question as you !

dunstonh

Quite a few happy peeps on that outcome

thelawnet

dunstonh wrote: »

Quite a few happy peeps on that outcome

Yes indeed.

Now where do I send the champagne?

cepheus

Thanks to Dunstonh for mentioning this, and to those which provided the analysis.

I was doubtful if it would make it over the years, but we got there eventually!

cepheus

Looks like that April pricing was timed just right looking at the FTSE100 today. I doubt if any of us would have risked running it for another year if given the choice.